Consumption can support rapid economic growth in China for 20 years, as there is still great potential for increasing sales of automobiles and homes, 21st Century Business Herald reported. Currently, retail sales growth is slowing considerably, even lower than the nominal GDP growth rate, which is abnormal. Automobile sales saw negative growth of 2.4% in 2018, […]
Author Archives: Olivia Lin
Posted inChina
Property tax may be on the horizon
Posted inChina
China, US are ‘intertwined’
Posted inChina